Household Food Storage Containers Market Size, Share, Growth, And Industry Analysis, By Type (Metal, Glass, and Plastic), By Application (Grain Mill Products, Fruits and Vegetables, Bakery Products, Meat Processed Products and Others), Regional Forecast By 2031

Updated On: 08 April 2024

Household Food Storage Containers Market Report Overview

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The global household food storage containers market size was USD 26420 million in 2021, as per our research, the market is expected to reach USD 40,425.15 million in 2031, exhibiting a CAGR of 4.3% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the artificial intelligence software market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Every household uses household food storage containers to preserve food and items with a limited shelf life for long-term use. Depending on the product's material, these storage containers typically aid in extending the product's shelf life. Depending on the product, packaging, and storage conditions, particularly temperature and humidity, adequate storage for food goods is necessary. These containers are mostly used to store packaged goods like food, drinks, cosmetics, and medications. There are numerous food containers and packaging options available made of a variety of materials. They come in a range of materials, sizes, and colours for the circles, squares, and rectangles.

COVID-19 Impact: Covid Impacted the Household Food Storage Containers Market Less 

The worst manner that COVID 19 has harmed people's life is. Financial crises are now a reality for everyone. The economies have been plunged into a recession by this pandemic. Due to the closure of production facilities, COVID 19 has had an impact on regular employees and businesspeople, although the market for household food storage containers was less affected due to growing government regulations and increased awareness of hygienic issues in food manufacturers and packaged goods.

Latest Trends

"Advanced Methods are Critical to Ensure Food Quality to Fuel Market Growth"

Food producers are being encouraged to package their products in a variety of creative ways since consumers are becoming more conscious of the design and uniqueness of food containers. Over the ensuing years, this is anticipated to fuel the market for domestic food containers to rise. increasing urge to ensure food quality utilising cutting-edge methods. Thanks to food containers, food products can be safely transported over vast distances from their place of manufacture.

Household Food Storage Containers Market Segmentation

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• By Type Analysis

According to type, the household food storage containers market can be segmented into Metal, Glass, and Plastic.  

In terms of type, the metal is anticipated to be the largest segment during the forecast period.  

• By Application Analysis

Based on application, the household food storage containers market can be divided into grain mill products, fruits and vegetables, bakery products, meat processed products and others.  

In terms of application, the grain mill products market is projected to hold the largest market share through 2031.

Driving Factors

"Solutions for Packaging that are Constantly Innovative to Expand Market Possibilities  "

It is projected that the development of packaging technologies like intelligent packaging, vacuum packaging, active packaging, edible coating, and others that increase food quality and shelf life will fuel the growth of the household food storage containers.  Smart packaging provides cost-effective options for tracking the environmental conditions of food goods along the supply chain. Additionally, it offers options for product packaging that add value. Active and intelligent packaging are used in smart packaging to offer advantages including quality assurance and consumer interaction. 

"Increasing Demand for Meat and Fish Products will Increase Market Demand"

Food products can be transported safely and kept fresh in food containers. Food containers are becoming more essential as a result of rising urbanization, expanding populations, and altering lifestyles. Government efforts to control greenhouse gas emissions in the food and beverage sector are also anticipated to increase demand for environmentally friendly packaging. Market demand for meat and fish rises as a result of growing urbanization, population growth, and shifting lifestyles. This raises the need for household food storage containers. Fish and meat require more preservation, hence the need for creative food storage containers grows.

Restraining Factors

"Food that is Stored in Subpar Containers Gets Infected to Decline Market "

Food that is kept in poor-quality containers becomes contaminated. When food is kept in containers for an extended amount of time, food contamination will happen. Consumer tastes will alter as a result, which poses a serious issue for food container industry players. Players in the food container industry are therefore required to produce products that are of the highest quality, are airtight, are leak-proof, and have innovative designs. Low quality materials are a major obstacle to the market's expansion for food containers throughout the anticipated timeframe.  

Household Food Storage Containers Market Regional Insights

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"The North America Region will Dominate Market Due to Domestic Storage Containers "

The market for household food storage containers is segmented by geography. The demand for household storage containers is now highest in North America, and it is anticipated to grow over the coming few years. in terms of revenue, represents a sizable portion of the plastic container market. Since carbonated drinks are stored in plastic containers, the growth of the beverage industry is a driving force behind this expansion. The need for domestic storage containers is also being driven by a rise in the demand for bottled water. The growth of the FMCG business is a major driver of the household storage container market. The need for packaged household containers is being driven by the need to store goods like detergent, packaged food, and other liquids.

Key Industry Players

"Adoption Experiential Marketing Services by Key Players Influencing Market Development"

The top key players in the market are Sealed Air Corporation, Tupperware, Owens-Illinois, Ardagh, Berry, Silgan. Most of the top players hold household food storage containers market share in some regions. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the household food storage containers market growth in the competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession of market shares by the key players stimulates the household food storage containers market.  

List of Market Players Profiled

• Sealed Air Corporation (U.S.)
• Tupperware (U.S.)
• Owens-Illinois (U.S.)
• Ardagh (Germany)
• Berry (U.S.)
• Silgan (U.S.)
• Amcor (Australia)
• Lock & Lock (South Korea)
• Visy (U.S.)
• Huhtamaki (Europe)
• Sabert (U.S.)
• Coveris (U.K.)
• Printpack (U.S.)
• Tiger Corporation (Japan)
• Consolidated Container (U.S.)
• Graham Packaging (U.S.)
• Wihuri (Europe)
• Hamilton Group (U.S.)

Report Coverage

This report examines an understanding of the household food storage containers market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.